ICASL to open knowledge centres

The Institute of Chartered Accountants of Sri Lanka (ICASL) the National Professional Accounting body of Sri Lanka will open four branches in the near future. The branches known as knowledge centres will be opened in Batticaloa, Jaffna, Badulla and Ratnapura to serve its students and members more efficiently. The Institute with over 3,500 members and over 25,000 registered students is the sole Accounting and Auditing Standards setting authority in Sri Lanka. The Institute is a member of the International Federation of Accountants (IFAC), The Confederation of Asian and Pacific Accountants (CAPA) and a Founder member of the South Asian Federation of the Accountants (SAFA).

The Institute examinations comprise of Foundation, Intermediate and Final Part I and II. The Institute is a member of the International Federation of Accountants (IFAC) and the International Accounting Standards Committee (IASC). It is also a member of the Confederation of Asian & Pacific Accountants (CAPA), and a founder member of the South Asian Federation of Accountants (SAFA). The Institute is the sole Accounting Standards setting authority in Sri Lanka, and the application of such Standards is mandatory for all companies listed on the Colombo Stock Exchange.